KION Group reorganizes senior management teams at its holding company and brand companies

* Gordon Riske to focus on running the KION Group
* Theodor Maurer to become CEO of Linde Material Handling

Wiesbaden / Aschaffenburg / Hamburg; April 29, 2009: KION Group GmbH
is stepping up its highly successful multibrand strategy by
reorganizing the senior management teams at its holding company and
brand companies. "By creating totally separate, focused management
teams for our holding company and its brand companies, we are fully
aligning the KION Group's management bodies with our corporate
strategy. This significantly reinforces our customer orientation",
stressed Gordon Riske, chief executive officer (CEO) of the KION
Group, announcing the changes to the various management teams. "At
the same time, it ensures that we can focus fully on reaping
synergies throughout our organization and exploiting the strategic
opportunities available during the current crisis."

Gordon Riske (51), currently CEO of both KION Group GmbH and Linde
Material Handling GmbH, will in future focus on running the KION
Group. He will also assume the role of acting chief operating officer
(COO) of KION until further notice. Harald Pinger (49) will remain
chief financial officer (CFO) of KION Group GmbH. This means that
KION's executive board will be reduced to two members.

Dr. Rolf Karg (59), currently COO at KION Group GmbH and CEO of STILL
GmbH, will step down from KION's executive board to focus on running
STILL and on the cross-brand optimization of the truck plants of the
KION Group brands. Gordon Riske said, "We are very grateful to Dr.
Karg for his successful role as COO of the KION Group. Dr. Karg has
made a major contribution to the cross-brand synergies that have been
comprehensively exploited in the area of production and has promoted
partnership between the brands in the KION Group. He will therefore
continue to manage cross-brand control and optimization of truck
production in parallel with his duties at STILL."

Theodor Maurer (49), currently sales director for the Linde brand, is
to become CEO of Linde Material Handling GmbH with effect from May 1
this year. He will also take on the role of labor relations director
for Linde Material Handling. Christophe Lautray (47) and Heinz
Baumgarten (60) are being appointed to the management board of Linde
Material Handling. Lautray, currently managing director of Fenwick, a
French subsidiary of Linde, will be responsible for sales and
aftersales. Baumgarten, at present head of production at Linde
Material Handling, will be the director in charge of production for
the Linde brand. Dr. Matthias Schmitz (45), finance and IT director,
and Klaus Hofmann (55), who is responsible for hydraulics, will
continue to serve on the management board of Linde Material Handling.
Christophe Lautray's successor as managing director of Fenwick will
be Jérôme Wencker (39), who is currently responsible for sales and
service at Fenwick.

The Company

The KION Group, with its Linde, STILL, OM and Baoli brands, is
Europe's market leader in industrial trucks, the global number two in
the industry and the leading international supplier in China. The
KION Group employed over 21,000 people and generated revenue of
around ¤4.6 billion in the 2008 financial year.

For further information please contact

Michael Hauger
Head of Communications and Investor Relations
Tel.: +49 (0)611 770 655
Email: michael.hauger@kiongroup.com

Frank Kopfinger
Head of Investor Relations
Tel.: +49 (0)611 770 220
Email: frank.kopfinger@kiongroup.com

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